SeekingTruth

Sobering Stat: ARMS Index Indicates Market Is at Peak, Not Bottom

The current market is like trying to catch and surf a big wave without being caught and eaten by the Golden Sharks (GS) somewhere during the process.
Have been aware of and watched TRIN for many years and found it to be a fair to middlin tech indicator. Too bad the originator flipped the indicator upside down and made it counterintuitive - an easily avoidable mistake. Also, as the author noted, the indicator is not symetrical which adds to the difficulty, at least until one becomes very familiar with it.
It used to be that one could watch TRIN, together with a lot of other volume related indicators and get some feel for the market direction. And one could watch the big market traders seperately for some indication also.
NOT ANYMORE. Why? Because the big traders are high speed flash TRADING using program trading (algorithmic trading), risk arbitrage with options combined with short selling, and other hedging techniques, etc. all at virtually the same instant with the aid of high speed massive computers and billions of dollars to apply which makes it all very moot and academic for the typical retail investor, who has none of this at his disposal..
This means, in part, because of the speed and power and the "offsets" in their trading that we have no idea really, of what the big guys are actually thinking and doing, or very little anyway.
Until things get straightened out and improved , honesty, fairness, and transparency- wise, the stock markets shall remain "The Big Casino in the Sky", and the world's largest rolling crap shoot.
It is now worse in this regard than I have ever witnessed it, and, without some honest improvements to level the playing field for the small citizen investor, the Golden Shark techniques can only improve and become even more ruthless and effective. Heads they win, tails we lose, except moreso.
And its usually (almost always) table stakes for the small players, meaning the small citizen investor can get squeezed out at just the wrong time - for him or her.
How anyone other than the unbelieveably wealthy and powerful movers and shakers of the markets thinks this is a good system, is far beyond me.

Generally agree with many of the comments relative to the economy, financials, markets, problems and difficulties etc. made by previous commenters.

Global Markets in Review: Are Markets Discounting Bernanke's Scenario?

If we get thru this mess without total carnage and ruination, the power elites will just say " Ha - ha -ha - We lied our way thru another mess, and if the public only knew the 'real' disastrous shape we were in, they would have croaked, if they hadn't revolted first."
And if things turn out totally calamitous, they will just say, "Well, all the signs were there for everyone to see if they just looked and took notice."
Suggest we all take a good look --- and prepare.

Thanks for a masterful compendium of timely and relevant information.